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and u.s. technology giants have been fighting each other in the courts over technology for smartphones and other mobile devices. the people at samsung say they added iphone 5, apple's iphone 5 to a patent infringement lawsuit. samsung alleges the latest smartphone violates eight of its patents. the claim targets technologies for displays data and storing photos. lawyers for samsung say they will exclude patents on the high speed wireless communications protocol known as lte. samsung has an edge in this technology. samsung received a green light from a u.s. district court in california in another case. the company can resume sales of its tablet device the galaxy 10.1 in the u.s. market. the court decided in june to temporarily ban sales. it lifted the injunction after a separate lawsuit in august found this particular tablet did not infringe on apple patents. >>> in other news ahmadinejad blamed the enemies of iran for the fall of its currency. u.s. and european leaders imposed sanctions in july to encourage them to abandon the nuclear missions. >> translator: sanctions are used as a ps
. also in the program, the u.s. congress bars to build chinese telecom companies from takeovers or mergers. it's as there are security threats. a warning on afghanistan's future. in the report forecasts collapse and even civil war after foreign forces have left. it's midday in london, 7:00 in the evening in beijing, 7:30 in the morning in caracas. hugo chavez has extended his 14- year grip on power in venezuela. the vote was his narrowest victory, but it gives him another six-year term to continue venezuela's socialist revolution. his victory may irritate his detractors in washington and elsewhere. the votes pit the president against the young candidate henrique capriles, who vowed to open the country to private investment. now this report from caracas. >> this had been billed as a tight race. but the results came quickly in the end after the final polling stations had closed and gave hugo chavez a 10-point lead. >> to those who promote hate and social poison and those always drawn to deny all the good things that happen in venezuela, i invite them to dialogue, debate, and to wo
financial ministers meeting next month. >>> now checking on the business side of markets. u.s. and european stock prices extended gains in overnight trade. strong u.s. housing data helped to lift market sentiment. the fact that spanish bonds also avoided another downgrade supported stocks and for more details, let's go toy to tokyo stock exchange. some markets are taking a little bit of a turn for the better. >> good morning, rahim. u.s. housing starts in support did rise to the fastest pace in around four years. but the market gains were capped by some lukewarm earnings by some high-tech giants. let's take a look at how that's moving markets in tokyo this thursday morning. the nikkei and the topix both opening higher. nikkei up 0.9% at 8882. the topix also up 745. the nikkei managed to top the 8800 level for the first time yesterday. that's in six sessions on a weaker yen which boosts exporters and euro related stocks. we'll be keeping an eye today on some tech rated stocks such as chipmakers after intel gave a somewhat cautious outlook for the personal computer sector on weaker global dem
. >>> well on come to wourd wide exchange. as is an decide barrels towards the east code, u.s. authorities order thousands to evacuate for the the biggest storm. >> my first message is to all the people across the eastern seaboard atlantic going north that you need to take this very seriously. >> all u.s. stock markets will be closed today. its first weather related closures in 27 years. and shares in ubs rise in the open after reports swiss bank may cut 10,000 investment banking jobs and wind down up to 15 trading businesses. police wen and his family fight back. their lawyers call it untrue and are considering legal action against the "new york times." for our u.s. viewers, the show will be on just one hour this week because europes has gone off daylight savings time, so we're just four hours ahead now of new york time. hurricane sandy is also still several hours away from make landfall, but the impact of the storm is already being felt. transportation has ground to a halt as new york and other major eastern cities have shut down mass transit, airlines canceling flights and
cross over to ramin who is at the tokyo stock exchange. we had the improved u.s. jobs data on friday. with the imf meetings this week a lot of focus on global growth. how are stocks kicking off? >> playing a bit of catchup today. tokyo markets were closed on monday for a public holiday. we did have the u.s. jobs data for september coming out on friday dipping below that key 8% level for the first time in four years. that will be resonating in the financial markets. we'll see how that affects the markets here. we're going to be focusing on the imf and world bank meetings as they convene in tokyo. we'll have full coverage of that as you mention. let's have a look at the opening levels for this tuesday and both indexes trading in the negative there. 8,811 for the nikkei and 733 for the topix. concerns over slow growth in china as well as cent tensions between japan and china has meant a renewed focused. car makers have suffered sales of more than 60% year on year for september in china. a big focus there and we'll keep track of that. in cotokyo there's a big focus japanese yen. it's sti
building up their forces and deploying tanks along the border. u.s. secretary of state hillary clinton has condemned syria for the shelling of the turkish town. >> we are outraged that the syrians have been shooting across the border. >> clinton said the u.s. government is consulting with turkey over what she called a very dangerous situation. turkey is a nato ally of the u.s. she called on responsible nations worldwide to push the syrian government into a cease-fire and political transition of power. >>> emergency workers in syria are doing what they can to hp the wound aftern attack in the city of aleppo. at least three powerful explosions ripped through the center of the commercial capital. they killed more than 30 people. state run tv reports explosions occurred near an officer's club in the northern city. opposition forces are claiming responsibility. they say they used the car bombings to target officers and militias loyal to president bashar al assad. the free syrian army renewed its offensive last week in an effort to win control of aleppo. government forces responded with air stri
>>> curfew order. all u.s. forces in japan face an unprecedented nighttime restriction after two navy sailors are accused of raping a woman in okinawa. welcome to nhk world "newsline." american military personnel in japan will be watching the clock for the foreseeable future. their commanders imposed a temporary curfew following a case of rape in okinawa involving two u.s. servicemen. the order applies to all of the nearly 40,000 american military personnel stationed across the country. nhk world reports. report. >> reporter: the commander of u.s. forces in japan made the announcement in tokyo. >> under u.s. paycom commander authority i am immediately issuing a curfew to all military personnel in japan both temporary and assigned. >> lieutenant general salvatore angelella says the curfew will be in place from 11:00 p.m. to 5:00 a.m. it will apply to all u.s. forces in japan, including those who come here for a short time. the decision follows the arrests earlier this week of two u.s. navy sailors. they are accused of raping a woman in okinawa. the pair is being held at the japane
. >> europe went off daylight savings time a week ahead of the u.s. back to full schedule next week. in the meantime, sandy is no longer a hurricane by name, but still making a major impact. storm made landfall monday night along new jersey east koer. still packing hurricane force sandy is expected to weaken, but the rain could linger. already at least ten deaths have been blamed on the storm. u.s. markets will be closed for a second day today. still electronic trading. the last time by the way the new york stock exchange was closed for more than a day because of weather, 1888. when a snowstorm piled up to 40-foot drifts. u.s. refineries had to shut nearly all the east coast fuel supplies ahead of sandy and they'll begin assessing damage today. three of the key six refineries shut down. analysts estimate sandy could cost between $5 billion and $10 billion in ensured losses. it would be the fifth costliest hurricane in u.s. history. sandy could cause more wind and flood damage than hurricane irene did last year. new york city and especially lower manhattan saw its shares of flooding
wearing a police uniform. in other news hurricane sandy is heading towards the u.s., where it's threatening to merge with another storm early next week. sandy is now known to have killed more than 30 people as it passed through the caribbean. it caused widespread damage in the bahamas, cuba, haight tee and jamaica. sandy's trajectory shows it moving toward the eastern coast of the united states. the threat from hurricane sandy has put both u.s. presidential candidates on high alert. mitt romney's already cancelled a rally scheduled for sunday evening in virginia beach. with only 11 days until polling day, both barack obama and mitt romney have been importanting over the latest economic data. figures show the u.s. economy grew 2% in the last three months. the white house says the economy is moving in the right direction. the republicans say the figures are discouraging news. our north american editor, mark, has been with mr. romney on the campaign trail. >> if it's friday it must be iowa and ohio. for hit romney this is a relentless race from state to state, stage to stage, squ
chinese name. it also said the u.s. and japan crafted back room deals to give the japanese government administrative control over senkaku. it calls the alleged agreement illegal and invalid. the government-controlled "china daily" ran similar advertisements last week in "the new york times" and "the washington post." japanese officials launched a protest against the newspapers for printing the ads. the foreign minister koichiro gemba has indicated japanese authorities will increase their efforts to assert their position on the islands to the international community. >> something like information warfare is under way. we need to appeal to the international community even though the status of our country on the island does not change. >> gemba added the japanese government sees no dispute over their sovereignty. and the latest standoff at sea around the senkaku islands is over. four chinese patrol ships left japanese territorial waters. they entered the area earlier in the day and navigated there for several hours. japan coast guard crews spotted the marine surveillance vessels at midda
on the economy. overall, auto sales were up 13% last month from a yearefore. among the u.s. automakers, ford sales were unchanged, g.m.'s were up 1.5%, chrysler reported a 12% increase. there hasn't been enough good news like that on the economy. the recovery, of course, is painfully slow and one of the biggest reasons is the recession in europe. the 27 countries of the european union add up to the world's- largest economy, but they're reportrecordnemployment. in spain, unemployment among young people is 50%. mark phillips went to barcelona to see what happens when an economy goes into freefall. >> reporter: spain can be a deceptive place. in the early autumn sunshine and in the markets groaning with foodstuffs it's difficult to tell this is a country with a collapsing economy and unemployment rate of 25% that threatens to take the rest of europe and maybe even the united states economy down with it. but wait until they close up at barcelona's boqueria market and follow the porters out back to where they dump the trash and you get a different impression. in spain these days, one person's gar
they will work and what they will do. we have to strictly maintain the japan-u.s. alliance. this will be a strong message for the military. >> reporter: japanese officials insist their relations with china are important. they've been calling on their neighbor to act calmly. officials say they hope to settle dispute peacefully based on international law. >>> achinese film production team has decided to withdraw its entry. the team wanted to protest the japanese's government nation nationalization of islands in the east china sea. the news agency reported on thursday that fung shui has been pulled. the film depicts a woman with struggles in the 1990s. they said the japanese government has not shown a sincere attitude regarding the settlement of the dispute. this has hurt the feelings of the chinese people. >>> the people responsible for foreign affairs in japan and britain have agreed to work together to respond to cyber attacks. japanese foreign minister met with his british counter part william hague in london. they agree their officials will cooperate in the event of online attacks. they promise
there is a boom in u.s. oil production right now but you won't see a drop of relief at the pump. we'll tell you why the production spike is falling short. >>> fearless felix redefines awesomeness. his super sonic base jump just doesn't break records, it sent sponsor's red bull's brand into the stats to fear. this could be one of the great marketing coupes of all time. even when they say it's not, it is always about money. melissa: first let's take a look at the day's market headlines the bulls charging ahead to start off the week. improving retail sales in september and better-than-expected earnings from citigroup helped boost stocks. the dow closed up 95 points. not bad. meanwhile the nasdaq posted its first gain in seven sessions. shares of eli lilly lept more than 4%. the drugmaker says the late-stage study of its new stomach cancer drug improved patients chances of survival. >>> investors are punishing shares of bankrate after-hours the financial services company slashed its third quarter and full-year earnings outlook. >>> to our top story tonight according to new reports iran is planning
there as tensions between the two countries intensify. the u.s. government suing the nation's biggest mortgage lender. we'll take a look at how the global industry is faring. then it's off to paris. the stricken car maker is downgraded by moody's a day after demonstrators stage protests. we'll have details from the french capital. and we'll head to new york where there's an appetite for young, profits that is, up nearly a quarter from a year earlier. we'll take a look on a big day for earnings on wall street. and a big week that's coming up. joining us now onset, though, bob mckey. bob, you're here with us, chief economist from independent strategy. i guess let's just begin by talking a little bit about some of these headlines that we're hearing from the imf regarding financial stability. obvious, i guess, to sort of draw attention to this issue, but in your mind, is there still lingering risk out there from the lack of reform, i guess, in some areas of the industry? >> i think what the global stability report is showing -- it's the third report the imf brings out at this semiannual meeting. e
the point that the u.s. certainly looks better than everyone else. so, the key question is, can the u.s. avoid catching the world's cold? >> that's a literal statement. the u.s. looks better than other xhis in the world but it's not a great spot to be in. with the amount of policy and political uncertainty, the u.s. -- even the u.s. recovery staying strong is certainly not a sure thing. they'll be buffeted by headwinds from abroad because china and india are not doing well. even u.s. has a rocky road ahead. >> you go through nearly every region of the world and talk about all the negatives in every part of the world. is there going to be a global recession? can you put a percentage on it? what's your estimate? >> well, right now it's political and policy uncertainty that's really the big story in virtually every economy. central banks around the world have put a floor on risk, and that's what i think is helping financial markets stay afloat. if you look at the confidence indexes i look at in my overall index, that doesn't look good at all. consumers and businesses around the world seem
>>> hitting the battleground. >> hello, florida. u.s. president barack obama visits swing states and tries to win over voters who can make a difference. the u.s. president and the man that wants that job are back on the campaign trail after the last debate. barack obama and mitt romney are traveling through several states that could determine the election two weeks from now. they're both trying to do the same thing, win over undecided voters. president obama spoke to his supporters in florida, one of the key battleground states. he said romney had changed his stance on several issues monday during the debate on foreign policy. obama reused the term he coined for flip-flops, romnesia. >> there is no more serious issue in a presidential campaign than trust. the person who leads this country, you've got to have some confidence then he or she means what he or she says. >> romney spoke at a rally in henderson, nevada. he said obama is resorting to attacks in the absence of new ideas of his own. romney said he can stand criticisms for obama f two weeks. he says he can't stand four more
of supporting terrorism. door to door, street by street, we join grass root supporters in ohio as the u.s. presidential election campaign enters a critical week. and the miracle at medinah. europe's golfers stage one of the sport's greatest comebacks in the ryder cup. >> welcome to our viewers on pbs in america and around the globe. over the past week, peopling at the u.n. publicly weighed in the debate about what to do about the syrian conflict. today it was syria's turn to respond. president assad was unsurprisingly absent from the podium. instead, the talking was left to the country's foreign minister. walid muallem accused those spork terrorism in his country and prostriding arms to his army. he said calling president assad to step down would be serious to the affairs. he met with the secretary general to show compassion to their own people. but just how far is all the rhetoric got us? i'm joined here in the studio by steve from the u.s. institute of peace. steve, thank you very much indeed for coming in. listening to muallem's speech, what sort of insight does it give us into the way
and the continental corporation of the u.s. was the last resource rich part of the ten per zone the european enlightenment with inland waterways flowing in a convenient east west fashion than the west the caressed combined and our ideas and dhaka sees but because of where we happen to live as well that's why these things matter. why these things matter. they've allowed india and china to develop into the completely distinct great worlds of civilization we have much to do with each other through long periods of history. >> let's take that image that you've offered of america, this place with all these great natural harbors and rivers that run the right way but that was true for thousands of years and didn't leave it to the development of what we think of as the united states. it wasn't until the european civilization a rise and began to make use of those harbors and rivers they were obvious so help us think about why it's the geography we spoke upon based to the cultural with the supposition one aspect. >> phyllis do ha and -- that was unable to cross across a land of the voyages of the devel
just a tad. the euro is trading to $1.2966. consolations between china and the u.s. have seen better days. the u.s. has released a report saying that americans have -- should not do business with communications companies. >> the report follows an 11- month investigation into two companies. >> legislators in washington fear foreign telecom companies could pose a threat to u.s. national securit. it says firms could use their business in the u.s. to install software to is by an ounce -- spy on u.s. infrastructure. they named two companies and they believe they should be wary of huawei and zte. the two companies deny the allegations and have the support of the chinese government. >> when china in the u.s. benefit from the business we do in america are, we hope the congress will monday's their opinions on prejudice but on the facts so as not to hurt bilateral trade relations. >> this is just the latest battle in a war of words over trade and economic practices. the u.s. has accused china of unfairly subsidizing renewable energy and the auto industry in china expressing complaints to the w
from the u.s. some nations want to speed up the pullout of the soldiers. but the meeting confirms there would be no changes to the withdrawal plan. nato ministers insisted that afghan military and police control an area covering three-quarters of the country's population. they also agreed to drop plans to train afghan troops and police to handle the aftermath of the combat troop withdrawal. nato secretary-general anders flores mussen insists it's based on assessment of the situation in afghanistan. >> it's not because isaf partners rushed for the exit. it's not because of lack of cohesion within our coalition. on the contrary. >> but relations between na nato-led forces and afghanistan have been strained by insider attacks. afghan military and police or people wearing afghan uniforms have killed more than 50 foreign soldiers this year. >>> people in north korea are marking the 67th anniversary of the founding of their ruling workers party. it's the first time the reclusive nation's leader kim jong-un has overseen the celebrations. workers lined up on the a hill in pyongyang to off
in the u.s. intelligence community and had many high ranking positions in it, including executive director, director for the cia, and his final position was national intelligence officer for the near east and south asia where he provided analytical support. and he was a visiting fellow at brookings in the year 2000, and as a reserve officer in the u.s. army, and has also been publishing externally important literature the last few years since retiring from the government. so i will step out of the way now. .. >> what are the prospects for a new president achievement anding a peace setment between israelis and palestinians? i believe, unfortunately, that they are not very good. by a fair settlement i mean a two-state solution, a palestinian state on comprising gaza and the west bank with some modern negotiated land swaps with control of its border, its borders, its water resources, its air space. something similar to the clinton parameters of 2000. i believe that this outcome more than any alternative would satisfy the core needs for security and self-determination of both israelis and pale
's refugees worsens, and the eu calls on countries to work harder to resolve the crisis. >> the u.s. election campaign is gathering momentum in its final two weeks. u.s. president barack obama and his republican challenger mitt romney have had their final tv debate. >> they sparred over foreign policy where the president is perceived to have a clear evanish, but with the economy on the minds of most -- most voters, the candidates repeatedly reverted to domestic policy to win support. >> with two weeks until the election, the last debate between u.s. president barack obama and challenger mitt romney is dominating the news cycle. the topic was foreign policy, and viewer polls showed romney struggled to distance himself from the president. >> romney has pretty much to reach his breaking point. he has no argument anymore, and he never answers questions straight up. >> i thought last night, it showed that both romney and obama are pretty much in sync with foreign policy. >> with a race that is still too close to call, both candidates refused to give ground. president obama highlighted his track re
mode instructions. obama some times had trouble getting a word in. many u.s. media analysts say romney had a belttter performan. the candidates have two more debates they have five weeks to win over undecided voters. turkish forces have fired artillery shells across the border into syria. they're retaliating for syrian mortars that landed in southern turkey. it killed five people including a woman and her three children. the mortar landed in the turkish town of akcakale. they have warned of prompt action if their security was threatened again. turkey has provided support for the opposition free syrian army and the turkish military has been building up tanks. turkey has provided support for the opposition for syrian army and turkish military commanders have been building up their forces and deploying tanks along the border. >>> u.s. secretary of hillary clinton has condemned syria for its part in the exchange of fire. >> we are outraged that the syrians have been shooting across the border. >> clinton says u.s. government officials are consulting with their allies in turkey over what sh
its missiles can now reach the u.s. mainland. >> next time it's for real. the -- they vow to go faster and further than before. it's midday in london. angela merkel has just arrived for her first visit in five years in greece. the greece she will see this time around will see people mired in -- some of the anger is toward angela merkel. so why is she there? here's our correspondent. >> she arrived for her first visit to greece in over five years. touching down in the euro zone's most indebted nation. she stayed away before critical of the slow performance but now a show of support. large parts of athens were cordened off. a sign of the rage against a leader many see as driving the painful spending cuts. protests before her arrival had banners and slogans against angela merkel. germany has insisted on those cutbacks before austerity relief was given. >> we want to form a strong partnership with especially germany. >> it was the greek prinal minister's visit that laid down citizenshiplations. for the prime minister, seeking to rebuild greece's credibility, it's of huge importance. from o
people's biggest asset. only about half of u.s. households even own stocks. but what about anxiety about the presidential election and fiscal cliff? >> i think consumers really will not take notice of the political risk and political events until we are in some real critical break down stages. >> reporter: so, many consumers are feeling good heading into the holidays, even if the mood in corporate america is souring. erika miller, "n.b.r.," new york. >> tom: still ahead, the crash gold joined the sell-off today, following stocks lower, as concerns about earnings and europe, raised new questions about demand. gold fell over $20 to $17.24 an ounce, hitting a six-week low. meanwhile, european leaders wrapped up their latest summit today, the fourth this year with progress on establishing a single banking supervisor for the euro-zone. its a move that would allow the e.u.'s rescue fund to start recapitalizing ailing banks. >> susie: from wall street to >> susie: from wall street to washington: a stern warning. top banking c.e.o.'s tell lawmakers letting the fiscal cliff happen would bring quo
as competitive in the world as it once was. you see evidence of the u.s. getting some of it back. so mexico sort of had its breakfast, lunch and dinner the past 20 years by china appearing on the scene is probably in the early stages of regaining some of that a. so i think mexico is a big winner. southeast asia, philippines, for example. >> all right. jim, stick around. more to come from you. let's get over to asia and get a wrap of the day over there. >> thanks, ross. asian markets were mostly higher buoyed by improved data in u.s. and europe and also the rba rate cut. surprising move from the central bank helped the australian market end at a five month high. resources and banks enjoyed the rally. the aussie dollar on a one month low on the back of that decision. more companies announced profit warnings as concrete signs of a fwleb al slowdown, but shipping companies rebounded on some short covering.korea, the bok a it would for growth. but the kospi ended flat. losses in hyundai motor and samsung electronics ahead of its q3 earnings guidance. the company also officially added the iphone 5 in
weakness from asia and to a lesser extent, weakness in the u.s. as well. asia slowdown really hittin>> i cart and horse on that. the euro is falling to a session low, post those two bits of data. bund futures extending their gains as well. may not do anything for stock sentiment. talking about asia, china's manufacturing activity was up at a three-month high. the early read suggests the recovery. that wasn't enough to stop a 12th consecutive month of pmi contraction. some analysts still see the need for further stimulus. what is this telling us? are we now on the bottom of the downturn? not the downturn, the slowdown? >> possibly. it's too early to tell. it's only just in -- >> suggest there the chinese survey, the official government one might come out above 50. >> it may well do. but i think one of the interesting things was that the rate of decline has eased quite significantly. the smallest fall for five months. but in there, when we were reading through the reasons, they were saying that their trade had been disrupted due to the spat between japan and china. if we perhaps make a men
up, a red alert over china. not what china is planning to do to businesses but what u.s. lawmakers are planning to do to businesses because of china. cowboy libertarian here with a warning. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. liz: a story that should have everyone on red alert, after chinese cyberattacks american lawmakers on the attack looking to stop american companies from doing business with two of top china tech companies warning they could be a national threat, they can make stuff that can spy on you, but cowboy lyn libertarn said hold you horses, government should not ban businesses of any kind. even if the intentions are good, he is author of, it's nut cutin time in america. the viewers are concerned about spying from china on our intelligence and our corporations what say you? >>
at 8 on c-span. later, the candidates hoping to represent arizona's 9th district in the u.s. house, democrat kirsten and steven later here on c-span2. >> what is the dinner, and how did it come about? >> so the al smith dinner is the most famous that presidential candidates show up every four years, and they show up, democrats and republicans -- i mean, it's really a memorial dinner for smith, and i think it's the thing that if anyone heard al smith's name at this point in time, that that's where you heard about al smith unless you hang around these hallowed halls. it's his lasting legacy, the place where the name gets out. it's held every year, not just every four years. prominent figures come in, it's a memorial dinner, a catholic charity dinner. people get together to assess the legacy of al smith and presidential candidates always especially to crack jokes about each other. >> in fact, they show up together most times, show up both the democrat and republican nominees show up together. we want to show you some of the past al smith's dinners. >> might i ask if senior clark comes
. >> imf down grades global growth saying europe and the u.s. needs to get their finances in order or risk further weakness. >> the euro trades lower as draghi speaks in brussels. the ecb president announces proposals to deal with risks from the banking sector. >> plans to make further proposals for macro policy particularly on vulnerabilities linked to bank funding. >> angela merkel faces a tough reception in greece as protesters take to the streets. >>> and alcoa kicks off what could be subdued u.s. earnings season. third quarter results of the s&p 500 are expected to drop overall snapping 11 quarters of gains. >>> okay. good to have you back. >> good to be back. you were out, i was out, it was -- >> and i was a little worried about what you were up to, so i do admit, i had you followed. and my man, he sent me back this photograph. >> oh, no. >> that is you with the goggles, right? >> yes, that's me with the goggles. >> what's going on? >> that's my sister at the end there. so i was back at my alma mater in virginia for my college reunion. part of that was -- >> to dress up and pretend y
company's performance will not be affected by the outcome of the u.s. election. >>> plus top oil producers forge ahead with ambitious output targets banking on stronger chinese demand. >>> and president obama and mitt romney are set for round two of their presidential debates tonight with the task of winning over undecided u.s. voters. >>> we start to get the into the meat of the week. advancers outpacing decliners by a little more than 6:3. yesterday ftse was up 0.2%, dax up 0.4%. this morning another third percent gains for the ftse 100. c 40 up 0.4%. ibex up about 1.10%. s&p putting a negative outlook on biggest spanish banks. let's show you where we stand. not impacted on the stocks. as far as bond issues are concerned, we have a t-bill auction coming out today in spain. we'll get the results of that in about an hour. 5.82%. spanish yields slightly higher than where we were yesterday. italy is fairly contained. the big test for spain will be on thursday. first time we've had a primary debt auction out of spain since the s&p downgrade last week. we'll keep our eyes on gilts, as well. uk
of the presidential debate. the issue of yesterday's jobs report is already being eyed as the big topic. u.s. unemployment falling to 7.8% in september. that is the first time that it's been below 8% in nearly four years. so what is the political impact of all of this with exactly one month until election day. shane is editor of xiansz and elections magazine and joins us with more insight. before we talk about specific numbers in the report. tell me overall what are the positives and negatives that each campaign can take from the latest jobs report? >> for president obama there is certainly a couple short term positives. the fact that the unemployment rate is now below that 8% mark, that is sort of psychological indicator there that i think no doubt helps the argument that he has been trying to make on the campaign trail. this is not the recovery we all wanted but we're on the road. for mitt romney it does take away one of talking points he has been very big on, number of consecutive months that the number has been at 8% or above, that line is gone from his speech. short term positives are t
the world see japanese and u.s. government bonds as safer assets in the face of the prolonged credit crisis in europe. they snapped up japanese bonds, causing the yen to spike to record levels. imf economists note japan and the united states are facing huge deficits and the countries need to implement fiscal reforms to maintain investor confidence. it also acknowledges a decision by eurozone countries to launch a permanent fund designed to bail out struggling members. they say worries about the health of the region's financial system have increased since the spring with the need to use capital to help troubled banks in spain. >>> greece is one of the struggling eurozone members counting on bailout funds to keep it functioning. international lenders are demanding the country's politicians implement deep spending cuts in return for that aid. angela merkel traveled to athens to urge greek leaders to push ahead with austerity measures. merkel met with greek prime minister samas and this is her first visit since the debt crisis began three years ago. she hopes the country will stay with the euro
to the former u.s. ambassador to pakistan. thank you for joining us. he was saying in his report this could prove a turning point with pakistan. what do you think? >> i think there are millions of people across pakistan that certainly hope so. i was very encouraged to die. of course, it is the day of prayer for malala. the chief of the mosque in lahore calls for "and ambassador of hope." that is an enormously significant. religious scholars have issued a fatwah, determining that the attack was unislamic. these are important messages that we hope will unify pakistan and they seem to be. >> how much support do you think there is at the grass-roots level for the taliban policy of not letting girls of education? >> is basically a conservative society. you would find most people are conservative about girls' education. they supported for the first -- for the first few years. they do support -- is long does it support girls' education. -- islam does support girls' education. the fact that malala is one of them, it has personalized the issue. >> do you think this attack on malala might help the pa
. >>> and dire warning about the u.s. power grid. it could shut down banking and even the flow of water. now there is a new warning about the chance of a massive attack in cyberspace. >>> and behind the scenes, a little known chapter of the american crisis, now shown on the screen and tonight, ben affleck, on why he was drawn to this story. >>> and from the heart, a mother's promise that got millions of moms talking about how to stay in the picture for their kids. >>> good evening, the vice president debate is now history, and while all eyes are on next tuesday's presidential debate and the town hall format, we have learned the eyes of over 50 million americans were on last night's event, a crisply moderated event, rowdy at times, tense at times, between the two men who represented the largest age gap of any debate. paul ryan and joe biden were not at the top of the ticket, but the reviews were instant in both style and substance, we begin with ron mott traveling with the campaign in ohio, good evening, ron. >> reporter: brian, good evening to you, as you can see behind me, governor mitt rom
's look at some other stories making headlines around the world. the u.s. secretary of state hillary clinton has said that she accepts responsibility for security failures at the u.s. consulate in benghazi. the building was attacked and a full you are american citizens, one of them the u.s. ambassador, was killed. she said she was focused on cracking -- tracking down the killers and bringing them to justice. the captain of a cruise ship which sank off the coast of tuscany has arrived for the second day of the hearing. these accused of multiple manslaughter charges after 32 people died on the costa concordia when it ran aground. in cambodia, people have been mourning the death of the former king who died in beijing on monday. officials expect thousands to line the streets when his coffin is taken from the airport to the royal palace. we have seen droughts in the u.s., rainfall being poor in rarussia and a dry monsoon in other areas. this affects what we eat. it's a world food day today and we are looking at how different countries are coping with rising food prices. first, argentina.
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